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First time home buyer as a married couple?

Posted on: 06th Nov, 2009 08:26 am
My husband bought our house last December 2008. We have now added me to the deed I am not on the loan. So can we claim the tax credit as first time buyers? We both own a home in our names but now we own a home in both of our names.
Hi laurasherman!

Welcome to forums!

Obama government has extended the tax credit for homebuyers. Existing homeowners can also claim the tax credit. You can claim the tax credit on your federal income tax return by completing the IRS Form 5405 to determine their tax credit amount and get to know whether you qualify for it.

Sussane
Posted on: 06th Nov, 2009 10:35 pm
Hi,

Government has extended the tax credit for homebuyers. So can claim the tax credit as first time buyers. If it will be possible you can meet your tax adviser.
Posted on: 10th Nov, 2009 04:11 am
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